Effective February 10, 2012
Fixed Rate Home Equity Loans

 5 Year Home Equity Loan with automatic withdrawal*

5 Year Home Equity Loan

Rate

APR

Rate

APR

5.00%

5.00%

5.50%

5.50%

• 1-4 Family owner-occupied dwellings
• No Points
• No Application Fee/No Closing Costs (Second Mortgage Only)
• LTV: 65% (assessment), 75% (appraisal)
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $20,000
• Maximum Loan Amount: $125,000
• Automatic Withdrawal Rate not to be combined with other offers or discounts.
• Other restrictions may apply.

*From any applicable Stoneham Savings Bank Account

8 Year Home Equity Loan with automatic withdrawal*

8 Year Home Equity Loan

Rate

APR

Rate

APR

5.50%

5.50%

6.00%

6.00%

• 1-4 Family owner-occupied dwellings
• No Points
• No Application Fee/No Closing Costs (Second Mortgage Only)
• LTV: 65% (assessment), 75% (appraisal)
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $30,000
• Maximum Loan Amount: $150,000
• Automatic Withdrawal Rate not to be combined with other offers or discounts.
• Other restrictions may apply.

*From any applicable Stoneham Savings Bank Account

 10 Year Home Equity Loan with automatic withdrawal*

 10 Year Home Equity Loan

Rate

APR

Rate

APR

5.75

5.75

6.25

6.25

• 1-4 Family owner-occupied dwellings
• No Points
• No Application Fee/No Closing Costs (Second Mortgage Only)
• LTV: 65% (assessment), 75% (appraisal)
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $30,000
• Maximum Loan Amount: $150,000
• Automatic Withdrawal Rate not to be combined with other offers or discounts.
• Other restrictions may apply

*From any applicable Stoneham Savings Bank Account

  15 Year Home Equity Loan with automatic withdrawal*

 15 Year Home Equity Loan

Rate

APR

Rate

APR

6.00

6.00

6.50

6.50

• 1-4 Family owner-occupied dwellings
• No Points
• No Application Fee/No Closing Costs (Second Mortgage Only)
• LTV: 65% (assessment), 75% (appraisal)
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $30,000
• Maximum Loan Amount: $200,000
• Automatic Withdrawal Rate not to be combined with other offers or discounts.
• Other restrictions may apply

*From any applicable Stoneham Savings Bank Account

  20 Year Home Equity Loan with automatic withdrawal*

 20 Year Home Equity Loan

Rate

APR

Rate

APR

6.50

6.50

7.00

7.00

• 1-4 Family owner-occupied dwellings
• No Points
• No Application Fee/No Closing Costs (Second Mortgage Only)
• LTV: 65% (assessment), 75% (appraisal)
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $50,000
• Maximum Loan Amount: $250,000
• Automatic Withdrawal Rate not to be combined with other offers or discounts.
• Other restrictions may apply

*From any applicable Stoneham Savings Bank Account

Home Equity Line of Credit
For a limited time, click here to see our ---> Home Equity Line Special

Owner-Occupied

• Rate is Prime* for Life
• Adjustable Rate LTV: 65% (assessment), 75% (appraisal)
• No Points, No Application Fee
• If appraisal requested: $325 1-family, $525 2-4 family

• Minimum Loan Amount: $10,000
• Maximum Loan Amount: $100,000
• Minimum Draw Amount: $500 
• 15 Year Draw / 10 Year Repayment
• First Mortgage with SSB not required
• Other restrictions may apply

Non Owner-Occupied

• 1.50% above Prime*

• Customer to pay closing costs

* Prime Rate published in most recent Wall Street Journal. This variable rate may increase after the consummation of the loan.  Prepayment Penalty$250.00if discharged within first two years.  Floor rate is 4.00% APR